Trane Technologies plc
Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services climate control products for heating, ventilation, air conditioning, and transport solutions. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. Trane Technologies plc markets and sells its products under the Trane, Thermo King, and American Standard brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.
IPO Year:
Exchange: NYSE
Website: tranetechnologies.com
Peers
Recent Analyst Ratings for Trane Technologies plc
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/28/2025 | $398.00 | Buy → Hold | Melius |
11/22/2024 | $500.00 | Buy | Northcoast |
11/13/2024 | $375.00 → $500.00 | Buy | UBS |
10/31/2024 | $405.00 | Buy → Hold | HSBC Securities |
9/6/2024 | $425.00 | Overweight | Morgan Stanley |
10/6/2023 | $191.00 | Underweight → Neutral | JP Morgan |
10/5/2023 | $187.00 → $210.00 | Underperform → Neutral | BofA Securities |
9/15/2023 | $256.00 | Buy | HSBC Securities |
3/28/2023 | Perform | Oppenheimer | |
1/4/2023 | $168.00 → $200.00 | Neutral → Buy | UBS |
Trane Technologies plc Press Releases
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Trane Technologies Recognized for Environmental Leadership on CDP's 'A List'
Trane Technologies (NYSE:TT), a global climate innovator, has been recognized for its leadership in corporate transparency and performance on climate by CDP, earning a place on its annual ‘A List' for the third consecutive year. Of the record 22,400 companies that received a climate score this year, Trane Technologies is distinguished as part of the 2% of scored companies to earn an ‘A' rating. CDP's rigorous scoring process assesses the comprehensiveness of disclosure, awareness and management of environmental risks, and the demonstration of best practices in environmental leadership, including setting ambitious and meaningful targets. "Achieving CDP's prestigious ‘A List' recognition un
Trane Technologies Schedules First Quarter 2025 Earnings Conference Call
Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its first quarter 2025 financial results on Wednesday, April 30, 2025, at 10 a.m. ET. The company will issue its first quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals wishing to listen can access the call through the company's website at www.tranetechnologies.com under the investor relations section. For those unable to listen to the live event, a replay will be available on the company's website a
Trane Technologies Declares Quarterly Dividend
The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.94 per ordinary share, or $3.76 per share annualized. The dividend is payable on June 30, 2025, to shareholders of record as of June 6, 2025. Trane Technologies has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn
Geotab and Thermo King Collaborate to Preserve Perishables
Bringing world-class cold-chain technology to fleets NASHVILLE, Tenn., March 13, 2025 /PRNewswire/ - Geotab Inc. and its affiliates ("Geotab"), a global leader in connected vehicle and asset solutions, today announced a collaboration with Thermo King, a leader in sustainable transport temperature control solutions and a strategic brand of global climate innovator Trane Technologies (NYSE:TT). This work will integrate Thermo King's TracKingⓇ Pro telematics data into Geotab's platform, providing fleet managers in North America with unprecedented near real-time visibility and control over their cold chain operations. This integration strengthens compliance, improves communication, and helps wit
Ethisphere Recognizes Trane Technologies as One of the World's Most Ethical Companies®
Trane Technologies (NYSE:TT), a global climate innovator, has been named to Ethisphere's 2025 World's Most Ethical Companies® list for the second consecutive year. The annual assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide over 240 different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain. "At Trane Technologies, we uphold the highest legal, moral, and ethical standards for our team members and business partners, always expecting them to do what's right," said Dave Regnery, Chair and CEO of Trane T
Kian Capital's Team Air Accelerates Expansion, Wins Pinnacle Performance Award for Eighth Time
Kian Capital-backed Team Air Distributing ("Team Air"), a leading wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to residential and commercial contractors, is proud to announce landmark expansion across key markets and its eighth Pinnacle Performance Award. The Pinnacle Award is provided by Team Air's partner Trane Technologies (NYSE:TT), honoring American Standard partners for high performance in five crucial operating metrics. In January, Team Air opened three branch locations in the Northern Georgia and Metro Atlanta areas. The company plans to open three more in June, bringing the company to 14 total branch locations currently, with plans to add an addi
Trane Technologies to Present at the J.P. Morgan Industrials Conference
Trane Technologies plc (NYSE:TT), a global climate innovator, today announced that company leadership will participate in a fireside chat at the J.P. Morgan Industrials Conference. They will speak at 10:30 a.m. EST on Tuesday, March 11, 2025. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following the event. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable
QXO Proposes Full Slate of Independent Directors for Election at Beacon Roofing Supply's 2025 Annual Meeting
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE:QXO) announced today that it has informed Beacon Roofing Supply, Inc. (NASDAQ:BECN) that it will propose 10 independent director nominees at Beacon's 2025 Annual Meeting of Shareholders to replace Beacon's Board of Directors. The slate of independent nominees includes current and former senior executives and directors of leading global companies who were selected for their deep expertise with large-scale corporate transformations, extensive knowledge of the building products and distribution sectors, and track records of unlocking shareholder value. "We are proposing a slate of high-caliber, independent director nominees
Trane Technologies to Present at the Barclays Industrial Select Conference
Trane Technologies plc (NYSE:TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Barclays Industrial Select Conference. They will speak at 9:50 a.m. EST on Wednesday, February 19, 2025. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following the event. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustai
Trane Technologies to Present at the Citi Global Industrial Tech and Mobility Conference
Trane Technologies plc (NYSE:TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Citi Global Industrial Tech and Mobility Conference. They will speak at 10:30 a.m. EST on Tuesday, February 18, 2025. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following the event. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficie
Trane Technologies plc Analyst Ratings
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Trane downgraded by Melius with a new price target
Melius downgraded Trane from Buy to Hold and set a new price target of $398.00
Northcoast initiated coverage on Trane with a new price target
Northcoast initiated coverage of Trane with a rating of Buy and set a new price target of $500.00
UBS resumed coverage on Trane with a new price target
UBS resumed coverage of Trane with a rating of Buy and set a new price target of $500.00 from $375.00 previously
Trane downgraded by HSBC Securities with a new price target
HSBC Securities downgraded Trane from Buy to Hold and set a new price target of $405.00
Morgan Stanley initiated coverage on Trane with a new price target
Morgan Stanley initiated coverage of Trane with a rating of Overweight and set a new price target of $425.00
Trane upgraded by JP Morgan with a new price target
JP Morgan upgraded Trane from Underweight to Neutral and set a new price target of $191.00
Trane upgraded by BofA Securities with a new price target
BofA Securities upgraded Trane from Underperform to Neutral and set a new price target of $210.00 from $187.00 previously
HSBC Securities initiated coverage on Trane with a new price target
HSBC Securities initiated coverage of Trane with a rating of Buy and set a new price target of $256.00
Oppenheimer initiated coverage on Trane
Oppenheimer initiated coverage of Trane with a rating of Perform
Trane upgraded by UBS with a new price target
UBS upgraded Trane from Neutral to Buy and set a new price target of $200.00 from $168.00 previously
Trane Technologies plc Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
SEC Form 3 filed by new insider Pine Matthew Francis
3 - Trane Technologies plc (0001466258) (Issuer)
Chair and CEO Regnery David S sold $9,363,915 worth of Ordinary Shares (26,989 units at $346.95), decreasing direct ownership by 18% to 123,711 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
Group President, Americas Simmons Donald E. sold $1,180,550 worth of Ordinary Shares (3,373 units at $350.00), decreasing direct ownership by 48% to 3,593 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
Senior Vice President Turtz Evan M sold $1,310,934 worth of Ordinary Shares (3,778 units at $346.99), decreasing direct ownership by 15% to 21,756 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
Executive Vice President & CFO Kuehn Christopher J sold $2,926,246 worth of Ordinary Shares (8,434 units at $346.96), decreasing direct ownership by 12% to 61,365 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
Senior Vice President Magner Mairead sold $1,245,557 worth of Ordinary Shares (3,590 units at $346.95), decreasing direct ownership by 22% to 12,917 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
VP & Chief Accounting Officer Elwell Elizabeth A. was granted 718 units of Ordinary Shares and covered exercise/tax liability with 206 units of Ordinary Shares, increasing direct ownership by 8% to 7,148 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
Executive Vice President & CFO Kuehn Christopher J was granted 14,954 units of Ordinary Shares and covered exercise/tax liability with 6,520 units of Ordinary Shares, increasing direct ownership by 14% to 69,799 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
Senior Vice President Magner Mairead was granted 3,684 units of Ordinary Shares, increasing direct ownership by 29% to 16,507 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
Executive Vice President Pittard Raymond D was granted 4,488 units of Ordinary Shares and covered exercise/tax liability with 1,957 units of Ordinary Shares, increasing direct ownership by 3% to 87,002 units (SEC Form 4)
4 - Trane Technologies plc (0001466258) (Issuer)
Trane Technologies plc SEC Filings
Amendment: SEC Form SCHEDULE 13G/A filed by Trane Technologies plc
SCHEDULE 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form 144 filed by Trane Technologies plc
144 - Trane Technologies plc (0001466258) (Subject)
SEC Form 10-K filed by Trane Technologies plc
10-K - Trane Technologies plc (0001466258) (Filer)
Trane Technologies plc filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
8-K - Trane Technologies plc (0001466258) (Filer)
Trane Technologies plc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - Trane Technologies plc (0001466258) (Filer)
Trane Technologies plc filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
8-K - Trane Technologies plc (0001466258) (Filer)
SEC Form 10-Q filed by Trane Technologies plc
10-Q - Trane Technologies plc (0001466258) (Filer)
Trane Technologies plc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - Trane Technologies plc (0001466258) (Filer)
SEC Form 10-Q filed by Trane Technologies plc
10-Q - Trane Technologies plc (0001466258) (Filer)
Trane Technologies plc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - Trane Technologies plc (0001466258) (Filer)
Trane Technologies plc Leadership Updates
Live Leadership Updates
Matthew Pine, President and Chief Executive Officer of Xylem, Joins Trane Technologies Board of Directors
Trane Technologies (NYSE:TT), a global climate innovator, announced the appointment of Matthew Pine, president and CEO, Xylem Inc. (NYSE:XYL), to its Board of Directors, effective April 1, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250131141202/en/Matthew Pine, President and Chief Executive Officer of Xylem, Joins Trane Technologies Board of Directors (Photo: Business Wire) "Matthew will be a strong addition to our Board of Directors given his global leadership experience and proven track record of transformation in large industrial companies," said Dave Regnery, chair and CEO of Trane Technologies. "His passion for su
Mauro Atalla Joins Trane Technologies as Chief Technology and Sustainability Officer
Trane Technologies (NYSE:TT), a global climate innovator, announced the appointment of Mauro Atalla as Chief Technology and Sustainability Officer, effective January 5, 2025. Atalla will report to Chair and CEO Dave Regnery as part of the executive leadership team and will lead the product development, innovation and sustainability strategies for Trane Technologies globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241217846827/en/Mauro Atalla joins Trane Technologies as Chief Technology and Sustainability Officer (Photo: Business Wire) "We're excited to welcome Mauro as our new Chief Technology and Sustainability Officer,
Riaz Raihan Joins Trane Technologies as Chief Digital Officer
Trane Technologies (NYSE:TT), a global climate innovator, announced the appointment of Riaz Raihan as Chief Digital Officer, effective December 11. Raihan will report to Chair and CEO Dave Regnery as part of the executive leadership team and will lead the digital strategy for Trane Technologies globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211638010/en/Riaz Raihan joins Trane Technologies as Chief Digital Officer (Photo: Business Wire) "The appointment of Riaz as Chief Digital Officer is an exciting milestone for Trane Technologies as we continue to broaden our digital services and solutions," said Dave Regnery, ch
Paradigm for Parity® Recognizes Trane Technologies' Deidra Parrish Williams & Britt Smith as 2023 Women on the Rise
Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce Deidra Parrish Williams and Britt Smith have been named as 2023 Women on the Rise by Paradigm for Parity®. The annual accolade highlights women who are breaking barriers in corporate leadership and show the value of gender parity, including racial equity in the workforce. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231005221036/en/Britt Smith and Deidra Parrish Williams recognized as 2023 Women on the Rise by Paradigm for Parity®. (Photo: Business Wire) "We are extremely proud to see Deidra and Britt recognized with this prestigious award," said
Ana Paula Assis of IBM Joins the Trane Technologies Board of Directors
Trane Technologies (NYSE:TT), a global climate innovator, today announced the appointment of Ana Paula Assis to its Board of Directors, effective immediately. Assis is the Chair and General Manager of IBM in Europe, the Middle East and Africa (EMEA). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231004432631/en/Ana Paula Assis joins Trane Technologies' Board of Directors (Photo: Business Wire) "Ana Paula has been instrumental in driving growth and transformation in markets around the world throughout her career," said Dave Regnery, chair and CEO of Trane Technologies. "Her international business leadership and her deep technolo
Trane Technologies Reports Results of Voting from 2022 Annual General Meeting, Declares Quarterly Dividend
Trane Technologies plc (NYSE:TT), a global climate innovator, held its 2022 Annual General Meeting of shareholders in Adare, Ireland. During the Annual General Meeting, the company's shareholders considered six proposals: nominations to reelect 11 members of Trane Technologies' Board of Directors; advisory approval of the compensation of the company's named executive officers; appointment of independent auditors and authorization of the Audit Committee to set the auditors' remuneration; renewal of the Board of Directors' existing authority to issue shares; renewal of the Board of Directors' existing authority to issue shares for cash without first offering shares to existing shareholders;
Trane Technologies Announces Human Resources, Communications and Marketing Leadership Transition
Marcia Avedon, executive vice president and chief human resources, marketing and communications officer, to retire in April Mairéad Magner named senior vice president and chief human resources officer Carrie Amendum Ruddy named senior vice president and chief communications and marketing officer Trane Technologies (NYSE:TT), a global climate innovator, today announced that Marcia Avedon, Ph.D., executive vice president and chief human resources, marketing and communications officer, has announced her planned retirement from the company in April 2022 after 15 years of service and a distinguished career. Mairéad Magner has been named senior vice president and chief human resources offi
Trane Technologies CEO Dave Regnery Named Chair of the Board of Directors
Executive chair Mike Lamach to retire from the company on December 31, 2021 The Board of Directors of Trane Technologies (NYSE:TT), a global climate innovator, has appointed CEO Dave Regnery as chair of the Board, effective January 1, 2022. Regnery succeeds Mike Lamach, who has served as executive chair through the CEO transition and plans to formally retire from the company on December 31, 2021 following a smooth and successful transition of leadership. As previously announced, Gary Forsee, retired chair and CEO of Sprint Nextel Corporation and former president of the University of Missouri System, will continue to serve as lead independent director. "Dave's appointment as chair of the
Trane Technologies Board of Directors Appoints Gary Forsee as Lead Independent Director; Dick Swift Retires After 26 Years of Board Service
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced that its Board of Directors has appointed Gary Forsee, retired chair and CEO of Sprint Nextel Corporation and former president of the University of Missouri System, as lead independent director, effective immediately. “As lead independent director, Gary will offer strategic insights, guidance and expertise on governance matters as we create long-term value for all our stakeholders,” said Mike Lamach, chair and CEO, Trane Technologies. “Given his long tenure on the Board, Gary has a strong understanding of our businesses and end markets. In addition to his deep business and
Trane Technologies Appoints Dave Regnery as Chief Executive Officer; Mike Lamach to Serve as Executive Chair Through Transition
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced that Dave Regnery, current president and chief operating officer, has been named chief executive officer and will join the Board of Directors. He succeeds Mike Lamach, who will serve as executive chair of the Board until his planned retirement from the company sometime in the first half of 2022. These changes are effective July 1, 2021. “Dave Regnery is the clear choice to lead Trane Technologies into the future, consistent with our comprehensive succession plan,” said Lamach. “Dave has worked alongside me to shape nearly every aspect of our global business – from our busi
Trane Technologies plc Financials
Live finance-specific insights
Trane Technologies Schedules First Quarter 2025 Earnings Conference Call
Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its first quarter 2025 financial results on Wednesday, April 30, 2025, at 10 a.m. ET. The company will issue its first quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals wishing to listen can access the call through the company's website at www.tranetechnologies.com under the investor relations section. For those unable to listen to the live event, a replay will be available on the company's website a
Trane Technologies Declares Quarterly Dividend
The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.94 per ordinary share, or $3.76 per share annualized. The dividend is payable on June 30, 2025, to shareholders of record as of June 6, 2025. Trane Technologies has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn
Trane Technologies Increases Dividend by 12%, Declares Quarterly Dividend
Trane Technologies plc (NYSE:TT), a global climate innovator, announced the Board of Directors has approved a 12% increase to the dividend, resulting in a quarterly dividend of $0.94 per ordinary share, or $3.76 per share annualized. The dividend is payable March 31, 2025, to shareholders of record on March 7, 2025. "Our focused sustainability strategy, proven business operating system and relentless investment in growth and innovation enables us to consistently deliver a leading growth profile, strong margins and powerful free cash flow," said Dave Regnery, chair and CEO, Trane Technologies. "Since launching Trane Technologies in 2020, we have delivered free cash flow conversion of 108%
Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2024 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2025
Highlights (fourth-quarter 2024 versus fourth-quarter 2023, unless otherwise noted): Reported revenues of $4.9 billion, up 10 percent; organic revenues* up 10 percent GAAP operating margin up 110 bps; adjusted operating margin* up 70 bps Adjusted EBITDA margin* of 18.3 percent, up 110 bps GAAP continuing EPS of $2.67; adjusted continuing EPS* of $2.61, up 20 percent Organic bookings up 2 percent, led by Americas Commercial HVAC, up high single-digits Highlights (full-year 2024 versus full-year 2023, unless otherwise noted): Reported revenues of $19.8 billion, up 12 percent; organic revenues up 12 percent GAAP operating margin up 120 bps; adjusted operating margin up
Trane Technologies Schedules Fourth Quarter 2024 Earnings Conference Call
Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its fourth quarter 2024 financial results on Thursday, January 30, 2025, at 10 a.m. ET. The company will issue its fourth quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals wishing to listen can access the call through the company's website at www.tranetechnologies.com under the investor relations section. For those unable to listen to the live event, a replay will be available on the company's webs
Trane Technologies Completes Acquisition of BrainBox AI
Trane Technologies (NYSE:TT), a global climate innovator, announced that it has completed the acquisition of BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) building technology. The acquisition was previously announced in a press release on December 18, 2024. BrainBox AI uses advanced deep learning algorithms to predict building energy needs and automate HVAC systems, thus reducing energy consumption by up to 25% and reducing greenhouse gas (GHG) emissions by up to 40%. The acquisition builds on the companies' existing collaboration and combines BrainBox AI's leading Artificial Intelligence technology with Trane Technologies' advanced buildin
Trane Technologies Announces New $5 Billion Share Repurchase Program
The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, authorized a new share repurchase program of up to $5 billion, to commence upon the completion of the company's 2022 $3 billion program. As of October 31, 2024, the 2022 program had approximately $1.5 billion remaining. "Today's announcement reflects our strong balance sheet, liquidity position and continued confidence in our ability to generate strong future free cash flow," said Dave Regnery, chair and CEO of Trane Technologies. "We remain committed to deploying 100% of excess cash over time through our balanced capital allocation strategy, which includes maintaining a competitive dividend that grows
Trane Technologies Reports Strong Third Quarter Results and Raises 2024 Revenue and EPS Guidance
Highlights (third-quarter 2024 versus third-quarter 2023, unless otherwise noted): Reported revenues of $5.4 billion, up 11 percent; organic revenues* up 11 percent GAAP operating margin up 110 bps; adjusted operating margin* up 90 bps Adjusted EBITDA margin* of 20.7 percent, up 120 bps GAAP continuing EPS of $3.43; adjusted continuing EPS* of $3.37, up 21 percent Continued strong bookings of $5.2 billion, up 5 percent *This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial measures can be found in the footnotes of this news release. See attached tables for additional details and reconciliations. Trane Technologies plc (NYSE:TT), a global
Trane Technologies Schedules Third Quarter 2024 Earnings Conference Call
Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its third quarter 2024 financial results on Wednesday, October 30, 2024, at 10 a.m. ET. The company will issue its third quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals wishing to listen can access the call through the company's website at www.tranetechnologies.com under the investor relations section. For those unable to listen to the live event, a replay will be available on the company's webs
Trane Technologies Declares Quarterly Dividend
The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.84 per ordinary share, or $3.36 per share annualized. The dividend is payable December 31, 2024, to shareholders of record on December 6, 2024. The Company has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more
Trane Technologies plc Large Ownership Changes
This live feed shows all institutional transactions in real time.
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G/A filed by Trane Technologies plc (Amendment)
SC 13G/A - Trane Technologies plc (0001466258) (Subject)
SEC Form SC 13G filed by Trane Technologies plc
SC 13G - Trane Technologies plc (0001466258) (Subject)